Osmosis Proposal: #821

Send ampOSMO and boneOSMO liquidity to custodial multisig

Status:

Passed

Yes90.9%

Turnout:49.27%

Quorum:20.00%

Yes: 90.9%

160,179,229 OSMO

No: 0.1%

190,062 OSMO

No With Veto: 0%

59,674 OSMO

Abstain: 8.9%

15,735,760 OSMO

Voting Period

Proposer

osmo19w2t4ue7qpdh6022m3yxmxvv3w7jla7u3hfq0r

Deposit End

Submit Time

Description

A commonly raised concern during the SAIL clawback was the reliability and longevity of competing LST liquidity on Osmosis.

To increase the confidence in the perpetuity of this liquidity, this proposal would transfer this liquidity to a multisig for holding rather than retaining it in the community pool.

Multisig address: osmo1xdeaq4hhnalna5knp6w2g888q8hw3lemvu5847h97x6s0y2adrysv92ygu

This address is a 3/5 multisig composed of:

JGnft (Backbone Labs)
0xPhillip (Eris Protocol)
Johnny Wyles (Osmosis Foundation)
Omniflix (Validator)
NosNode (Validator)

This liquidity would be held for at least 6 months or until it comprises the community pool’s only OSMO liquid stake holding above the equivalent redemption rate, whichever is longer.

Representative factory tokens can be verified by viewing the underlying contract pages: ampOSMO/OSMO boneOSMO/OSMO

Forum Thread: https://forum.osmosis.zone/t/send-amposmo-and-boneosmo-liquidity-to-custodial-multisig/3016